The city of Charlotte, North Carolina is currently experiencing an upward trend in the real estate market, much like other areas of the country. The growth can be attributed better economic times, as well as new jobs and industries in the area. This large and historic city has 199 different neighborhoods; from the historic district to the airport and the Johnson C. Smith University campus to Eastover where some of Charlotte’s oldest and largest houses are located.
Davidson is a community almost anyone can enjoy. The population of Davidson is just under 11,000. It gives a quant feeling, while being within large city and all that it has to offer. Many business professionals, students, and families are proud to call this area home. Residents of Davidson enjoy easy access to Lake Norman, as well as many parks and nature trails. The River Run Country Club is a short drive away. Davidson is home to a public elementary school, a charter school, and several private schools, including Woodlawn School, Phoenix Montessori Academy, and Lake Norman Christian School. Also located here is Davidson College, a school that has been ranked the 3rd most rigorous in the nation. It is also consistently ranked in the top 10 liberal arts schools in all of the United States. Since the college’s inception in 1837, Davidson is set apart from other neighborhoods in the area due to its classical architecture and trees. The college has also spread its unique character and culture.
In 2014, this community was given the North Carolina Land Trust Government Conservation Partner of the Year Award. In 2013, Davidson was the proud recipient of the Great Main Street Award by the North Carolina Chapter of the American planning association.
Davidson Real Estate
The community of Davidson is one area that is currently experiencing growth. Houses here are listed between $279,000 and $575,000, with an average list price of $512,863. Currently, the average price per square foot is $177. The average seller discount is only 0.7 percent. On average, about one home, or slightly more than one, is sold per month in Davidson.
In addition, the Davidson neighborhood has about 43.5 months’ worth of inventory. In comparison, Antiquity has 3.2 months, Highland Creek 3.2, while Mecklenburg county and the city of Charlotte on a whole have 5 months of inventory. In general more than 6 months’ worth of inventory is considered to be a buyer’s market. Clearly, right now this area caters to the sellers.
